1A The Terrace Ocean Grove VIC 3226
Property Details for 1a The Terrace, Ocean Grove
1a The Terrace, Ocean Grove is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 772m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (March 2026)
This neat and tidy 3-bedroom home is in one of Ocean Groves most sought-after spots. Just 250m to the Barwon River and 850m to the main beach, you can easily walk to the water, cafes, shops, and restaurants.
Inside, the home offers a light-filled living area with a split system and gas log fireplace for year-round comfort. The kitchen is equipped with a gas cooktop and electric oven, and theres a separate laundry with external access. All three bedrooms are generously sized, with two featuring built-in robes and the third offering flexibility as a bedroom, home office, or extra living space.
Outside, theres plenty of room with a carport, a double garage, and a large 774m block. A great opportunity to enjoy easy coastal living.
Please note rent is calculated per calendar month =$2824
Property History for 1a The Terrace, Ocean Grove, VIC 3226
- 10 Feb 2026Listed for Rent $650 / week
- 08 Aug 2025Listed for Rent $600 / week
- 19 Jun 2025Listed for Sale $1,140,000
Recent sales nearby
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0About Ocean Grove 3226
The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.
Ocean Grove has 11,902 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
- The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
- Houses have a median rent of $650 while Units have a median rent of $560.
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